EMGF Options History — May 2025

In May 2025, EMGF traded between $46.82 and $50.11. ATM implied volatility averaged 22.4%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 11.0% (HV 20d: 33.4%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-05-14: Highest Volume — 2 contracts
  • 2025-05-14: Largest IV drop — 55.6% change
  • 2025-05-12: Highest IV Rank — 57.0%
  • 2025-05-19: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.67$46.82$50.11$46.91$48.43
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV22.4%15.3%39.7%20.7%20.6%
Expected Move5.3%4.4%6.7%5.9%5.9%
HV 20d33.4%26.3%49.6%49.6%32.7%
HV 60d34.6%32.4%36.2%32.4%35.5%
IV Rank25.4%12.5%57.0%22.3%22.1%
IV Percentile44.0%8.7%92.5%43.3%43.3%
Term Structure-4.8%-17.5%1.0%-3.0%-3.1%
VWIV30.5%30.5%30.5%30.5%30.5%
Skew 25d-3.6%-8.4%1.7%1.2%-3.5%
Skew 10d-0.6%-6.7%11.7%1.4%5.3%
Call IV 25d21.7%17.4%29.4%22.5%29.4%
Put IV 25d18.1%12.8%25.9%23.7%25.9%
Bid-Ask Spread %138.78135.42144.18144.18139.12
Gamma HHI0.570.501.000.500.55
Net GEX89801.7K1.1K622
Net DEX-13.2K-20.0K-7.9K-8.1K-10.4K
Net VEX-17-270-27-18
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950200
Total OI44444

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$46.91$0.0020.7%5.9%49.6%22.3%0.0%1.2%-3.0%1.1K-8.1K-270.00144.18N/AN/A0040
2025-05-02$47.56$0.0020.3%5.8%49.0%21.6%0.0%-1.1%1.0%860-9.0K-270.00142.75N/AN/A0040
2025-05-05$49.25$47.0023.4%4.7%47.2%27.2%0.0%-0.5%0.3%1.7K-14.6K-190.00139.03N/AN/A0040
2025-05-06$48.02$47.0024.0%5.1%42.2%28.4%0.0%1.7%-0.2%1.1K-11.5K-250.00137.72N/AN/A0040
2025-05-07$47.77$47.0026.6%5.4%41.8%33.1%0.0%1.7%-1.9%1.1K-10.4K-250.00143.42N/AN/A0040
2025-05-08$46.82$47.0029.3%5.8%30.6%37.9%0.0%-3.9%-13.3%704-7.9K-240.00140.60N/AN/A0040
2025-05-09$47.13$47.0032.6%6.2%27.0%44.0%0.0%-4.3%-17.5%744-8.3K-240.00140.48N/AN/A0040
2025-05-12$48.14$47.0039.7%5.8%26.3%57.0%0.0%-4.0%-16.5%790-10.2K-240.00137.63N/AN/A0040
2025-05-13$49.66$47.0038.6%4.8%28.0%54.9%0.0%-2.5%-2.8%1.5K-17.7K-80.00137.84N/AN/A0040
2025-05-14$49.26$47.0017.1%4.9%28.4%15.8%30.5%-6.8%-6.3%1.0K-12.8K-210.00135.68N/AN/A2040
2025-05-15$48.69$47.0017.1%4.9%27.7%15.6%0.0%-3.9%-1.2%795-11.2K-230.00135.87N/AN/A0040
2025-05-16$49.64$47.0015.3%4.4%28.1%12.5%0.0%-5.1%-2.8%0-19.9K00.00137.61N/AN/A0040
2025-05-19$48.50$47.0023.5%6.7%29.8%27.4%0.0%-3.6%-6.5%572-10.6K-220.00135.42N/AN/A0040
2025-05-20$49.60$47.0016.2%4.6%30.5%14.1%0.0%-7.8%-3.1%1.0K-13.4K-190.00135.78N/AN/A0040
2025-05-21$50.11$47.0016.8%4.8%30.5%15.1%0.0%-2.9%-3.5%1.6K-19.4K-20.00137.07N/AN/A0040
2025-05-22$48.61$47.0017.4%5.0%31.6%16.4%0.0%-8.4%-2.5%1.0K-11.0K-200.00137.22N/AN/A0040
2025-05-23$48.64$47.0017.7%5.1%29.6%16.9%0.0%-3.4%-2.6%516-10.8K-210.00139.13N/AN/A0040
2025-05-27$49.78$47.0017.7%5.1%30.5%16.8%0.0%-5.8%-4.9%1.4K-19.6K00.00139.66N/AN/A0040
2025-05-28$49.70$47.0018.0%5.2%30.4%17.4%0.0%-6.1%-4.7%609-19.9K00.00139.32N/AN/A0040
2025-05-29$49.94$47.0017.8%5.1%30.3%17.0%0.0%-6.8%-5.4%42-20.0K00.00138.83N/AN/A0040
2025-05-30$48.43$47.0020.6%5.9%32.7%22.1%0.0%-3.5%-3.1%622-10.4K-180.00139.12N/AN/A0040